Solution because no money comes into or out of the

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Q 8.30: On May 14 2016, CUNY’s bankruptcy proceeding are completed. Bernard had expected to receive none of the $5,000 Baruch owed. After liquidating all assets, however, Baruch is able to pay Bernard $1,000. When Bernard receives payments of $1,000, how will the following accounts change under allowance method?
Q 8.31: Newman Shoes and Bowman Footwear both decided to write off a specific customer’s uncollectible account as a bad debt expense. If Newman Shoes uses the direct write-off method and Bowman Footwear uses the allowance method for uncollectible accounts, what will be the difference in the journal entries for these two companies?
Q 8.33: A company estimates that 4% of $400,000 accounts receivable will be uncollectible. The company began the year with a debit balance of $3,000 for allowance for doubtful accounts. The adjusting entry to bad debt expense will be ______.
Q 8.34: Which of the following best explains what is meant by a journal entry for Smith & Sons that readsD Smith & Sons has accounts receivable of $82,000 and decides to sell the receivables at a 2% fee.
Q 8.35: CUNY Supply reports the following accounts at the end of 2016 before any adjustment:

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